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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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283-289 Salem St , Malden, MA 02148
$1,199,999
Est. Payment: $6,548.89/mo
1560 Sqft
0.05 Acres
Status: active | Days on site: 24
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AN7075 - BB804640
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Adam Dow, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Adam Dow
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House Description

Great opportunity to acquire 283–289 Salem Street in Malden, a strategically located 3-unit commercial property offering an attractive combination of existing income potential, established retail presence, and long-term upside. The property currently has 2/3 units leased. Unit #283 was gut renovated in 2024 and is currently vacant (coffee shop) last rent was $2000/month, Unit 285-287 is a double wide unit renovated in 2023 and currently leased to a beauty salon paying $2500/month, Unit 289 is currently leased to a cell phone sales and repair shop paying $2200/month. This property is an excellent opportunity for an owner-user, investor, or entrepreneur seeking a property with an existing business environment. Positioned along Salem Street, the property benefits from strong neighborhood visibility and convenient access to Malden's surrounding residential and commercial areas. The location provides an ideal setting for a variety of retail, food-service, professional, and other commercial uses, subject to applicable zoning and permitting. **Buyer & Buyers Agent responsible for their own due diligence in confirming accuracy of information provided, permitting and licenses**
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Highlights

Listed by Walace Nogueira , 617-780-9748 Fellsway Realty, LLC , 617-780-9748. MLS Property Information Networks, Inc.

Property Type

Commercial Sale
Lot/Acreage
0.05

Year Built

1900

County

Middlesex

Listing ID

73587560

Questions about this listing?

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Interior Features

Exterior Features

Zoning:Legal Conforming
Principal Interest
$6,549
Taxes
$737

Home Price

$1,199,999

Loan Details

30 yrs
7.25%

Down Payment

20%
$240,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,548.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,548.89 $736.75 $0.00 $7,285.64
Yearly $78,586.64 $8,841.00 $0.00 $87,427.64
Total $2,357,599.26 $265,230.00 $0.00 $2,622,829.26

Today's Rates

30 Year

7.25%

20 Year

7.03%

15 Year

6.68%

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Market insight data is pulled from the same city as the listing being viewed (Malden, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

IDX service by Blueroof 360

Data last updated: 2026-10-31T22:48:11.000Z

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